Strata Development Cost Savings

Good upfront advice can save time and money.

As we all know, cost savings are time dependant. A decision made at the start of the project can have major cost saving implications. The same decision made at the end of a project can cost too much to implement and impact costs. Consider the graph below.

By way of example, moving a staircase at the end of a project can have major cost implications, whereas the same decision at the start of the project has negligible impact.

The same can be said for the impacts that early decision making can have on the titling of a project. Talking to a team of experts at the start of a project can set up the project for maximum profitability. A project team for a strata should include a lawyer, expert in the field of strata development, a town planner, a strata manager, with experience in the type of scheme being proposed, a registered land surveyor and your architect. The Council or a registered certifier should also assess your proposal to check compliance with consents to ensure a smooth approval process.

LandPartners experts love nothing more than the successful implementation of a strata scheme for the benefit of occupiers, owners and the reputation of the developer.